Dgt Foundation Inc is located in Brooklyn, NY. The organization was established in 2014. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dgt Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Dgt Foundation Inc generated $540.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (23.4%) each year. All expenses for the organization totaled $155.0 during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (34.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROMOTE CREATIVITY AND ARTISTIC FLOURISHING THROUGH A VARIETY OF EDUCATIONAL AND CHARITABLE ACTIVITIES. TO DEVELOP LEADERSHIP AND PROFESSIONAL DEVELOPMENT AMONG THE STUDENTS AND PROFESSIONALS IN CREATIVE FIELDS. TO CONDUCT AND FUND A VARIETY OF EDUCATIONAL AND CHARITABLE ACTIVITIES THAT BENEFIT THE LOCAL COMMUNITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Marie Michael Secretary | 0 | $0 | |
Elycia Lerman Chairman | 0 | $0 | |
Thomas Wong Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $540 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $540 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $155 |
| Total expenses | $155 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,327 |
| Other assets | $0 |
| Total assets | $4,127 |
| Total liabilities | $200 |
| Net assets or fund balances | $3,927 |